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Highlights of SBI’s Recurring Deposit Scheme

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Interest Rates of SBI for the Last 10 Years on Auto Loan, Education Loan, Home Loan, Securities Loan and Fixed Deposits

Interest Rates of State Bank of India for the last years on the following products/facilities are as under: Auto Loan Student Loan Loan Against Govt Securities Personal Loan Domestic Term… Read more »

Major Banks hiked NRE Fixed Deposit Interest after deregulation

After the deregulation of Interest rates on Non-Resident (External) Rupee (NRE) Term Deposits by Reserve Bank of India on 16-12-2011 almost all banks have hiked their interest rates on Non-Resident (External) Rupee… Read more »

Banks hiked Interest rates on NRE Term Deposits following deregulation of Interest Rates by RBI

Following the recent deregulation of interest rates on Non-Resident (External) Rupee (NRE) Term Deposits by Reserve Bank ofIndiaas announced on 16-12-2011, the following banks have hiked their interest rates on… Read more »

Deregulation of Interest rates on NRE Deposits and NRO accounts

After the deregulation of Savings Bank Deposit Interest Rates, the Reserve Bank of India (RBI), vide its notification dated 16-12-2011 and 19-12-2011, announced deregulation of Interest Rates on Non-Resident (External)… Read more »

RBI advises Banks to accept PPF deposit upto Rs 1 lakh a year, at 8.6% Rate of Interest

The RBI vide its notification dated 5th December, 2011 advised the banks to make note of undernoted amendments in Public Provident Fund (PPF) scheme, 1968 w.e.f. 01-12-2011. i)                    The annual… Read more »

SBI Launches Unfixed Deposit for short term liquidity

On one hand banks are increasing their Interest rates on Saving Bank Deposit accounts on account of deregulation of SB interest rates by RBI.  On the other hand State Bank… Read more »

RBI clarifies on Repayment of Term/Fixed Deposits opened with ‘Either or Survivor’ or ‘Former or Survivor’ basis

“Either or Survivor” or Former/later or Survivor” are types of mandates or operating instructions (repayment instructions) for operation of deposit accounts by the joint holders of the accounts. As per… Read more »

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